Arlo Technologies Inc (NYSE: ARLO) is 41.81% higher on its value in year-to-date trading and has touched a low of $7.77 and a high of $17.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ARLO stock was last observed hovering at around $12.76 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $13.50, the stock is -12.69% and -5.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 5.80% at the moment leaves the stock 20.05% off its SMA200. ARLO registered 17.60% gain for a year compared to 6-month gain of 59.20%.
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The stock witnessed a -18.18% loss in the last 1 month and extending the period to 3 months gives it a -5.13%, and is -7.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.80% over the week and 5.06% over the month.
Arlo Technologies Inc (ARLO) has around 363 employees, a market worth around $1.32B and $504.37M in sales. Fwd P/E is 25.60. Profit margin for the company is -3.46%. Distance from 52-week low is 73.75% and -23.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.02%).
The EPS is expected to grow by 44.89% this year
The shares outstanding are 95.38M, and float is at 92.09M with Short Float at 5.35%.
Arlo Technologies Inc (ARLO) Insider Activity
The most recent transaction is an insider sale by CARTER MILLER JOYCELYN, the company’s Director. SEC filings show that CARTER MILLER JOYCELYN sold 19,629 shares of the company’s common stock on Jul 09 ’24 at a price of $15.03 per share for a total of $0.3 million. Following the sale, the insider now owns 0.12 million shares.
Arlo Technologies Inc disclosed in a document filed with the SEC on Jul 09 ’24 that Rothstein Amy M (Director) sold a total of 15,000 shares of the company’s common stock. The trade occurred on Jul 09 ’24 and was made at $14.83 per share for $0.22 million. Following the transaction, the insider now directly holds 75032.0 shares of the ARLO stock.
Still, SEC filings show that on Jun 13 ’24, Rothstein Amy M (Director) disposed off 25,000 shares at an average price of $13.37 for $0.33 million. The insider now directly holds 76,271 shares of Arlo Technologies Inc (ARLO).
